Pinwan, September 23, Hive Energy announced today that Ivy League Renewable Resources (Shangrao) Co., Ltd. was officially launched in Shangrao, Jiangxi Province, marking the official announcement of Hive Energy’s entry into the field of battery recycling.
Ivy League will use the advanced four-stage physical crushing treatment method in the recycling industry to harmlessly disassemble the scrapped cells, pole groups and pole pieces into black powder, copper powder and aluminum powder. The powder recovery rate reaches 99%, which maximizes the recovery efficiency and reduces the subsequent hydrometallurgical smelting cost.
As a professional comprehensive service provider of new energy materials for lithium batteries, Zhongwei Co., Ltd. provides production, operation and technical support for Ivy League. Honeycomb Energy, through Ivy League, disassembles the scrapped batteries into black powder and then imports them into the Honeycomb supplier system for hydrometallurgy, and further manufactures precursors and cathode materials. The joint venture is planned to be constructed in two phases, and a production line for dismantling and recycling pole pieces and batteries will be built.
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